Amkor Technology Shares Climb After Q1 Revenue Beats, Q2 Revenue Guidance Above Estimates

Amkor Technology Inc AMKR released its first-quarter results after Monday's closing bell. Here's a look at the key figures from the quarter.

The Details: Amkor reported quarterly earnings of nine cents per share, in line with the analyst consensus estimate. Quarterly revenue came in at $1.32 billion, which beat the $1.28 billion consensus estimate.

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“Amkor delivered first quarter results in line with expectations, with revenue of $1.32 billion and EPS of $0.09,” said Giel Rutten, Amkor’s CEO.

“We are closely monitoring the evolving landscape with tariffs and trade regulations and potential impacts on our customers’ supply chains. Our diversified global footprint and long-standing partnerships allow us to help our customers work through complexity and uncertainty,” Rutten added.

Outlook: Amkor sees second-quarter earnings of between seven cents and 23 cents per share, versus the 15 cent estimate, and revenue in a range of $1.375 billion to $1.475 billion, versus the $1.33 billion estimate.  

AMKR Price Action: According to data from Benzinga Pro, Amkor Technology stock was up 2.17% after-hours at $17.86 on Monday.  

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